How are things with Facebook?

07:05 27.01.2020

The Facebook earnings report is coming at 00:00 MT time on January 30.

The Facebook stock price has been doing pretty well both in the long-term (only with the exclusion of the second part of 2018) and the short-term. Consistent growth with mild overall volatility is observable in the chart, giving a reason to expect the same to continue in the nearest future. Currently, Facebook’s stock is traded at $222 per share. The previous report on October 30 made the share price rise from $186 to $198 – quite a good result for one day. Although, eventually the performance went back to “normal”, ceding the gains. Let’s see if the same happens on January 30. As a side note, keep in mind that the timing of the release is midnight of January 29/00:00 MT time January 30 – prepare your positions in advance!